Kaynes Technology India hits record high on Q1 profit jump

Kaynes Technology India

29/07/2024 10:06

** Shares of Kaynes Technology India  KAYN.NS  jump 11.3% to
a record high of 4729 rupees; last up 8%
    ** Integrated electronics manufacturer said its Q1 consol
profit doubled y/y, while rev jumped nearly 70% 
    ** Stock set to rise for a sixth straight session, gaining
around 20% in the period
    ** Trading vols at 5x its 30-day avg, more than 1.1 mln
shares traded
    ** Stock up 75% so far in 2024 after more than tripling in
2023

 (Reporting by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))